Arco Towers REIT
BBSEBG:ARCT10.80
EUR
-4.54
(-29.59%)
ISIN
BG1100017075
Return %
Stock
S&P 500
1Y
-29.59
14.20
3Y
-29.59
81.12
5Y
215.27
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Peyo Ivanov Nikolov
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Sofia Bulgaria
- IPO Date
- Nov 19, 2007
- Website
- arcotowers.com
- Similar Companies
- Business
- Arco Towers REIT is a Bulgaria-based real estate investment trust specializing in real estate securitization, property development, commercial leasing, and asset management. Founded in 2007 and headquartered in Sofia, Bulgaria, the company was formerly known as Singular ADSITS and operates under the regulatory framework of the Bulgarian Financial Supervision Commission as a special purpose investment vehicle for real estate (ADSIC). Arco Towers REIT invests capital raised through equity and debt instruments into the acquisition, development, construction, modernization, and long-term administration of diversified real estate assets across Bulgaria, with an operational focus on the greater Sofia metropolitan area. The company's core operations and services comprise: real estate securitization and investment capital structuring; residential property development, encompassing multi-family residential complexes, apartment buildings, and master-planned living environments such as the Central Park residential complex; commercial and business property investments, including office premises, retail spaces, logistics hubs, and warehouse facilities; project development and construction oversight, including land acquisition, zoning, architectural planning, and general contractor management; and comprehensive property asset management services, including tenant procurement, lease administration, rent collection, property maintenance, and facility management. In recent developments, Arco Towers REIT has focused on accelerating its urban residential construction portfolio. In July 2024, the company entered into an investment loan agreement of up to 14.98 million euro with UniCredit Bulbank to finance the construction and commissioning of two new residential buildings, complete with ground-floor commercial space and two underground parking levels, at its flagship Central Park development in Sofia. The five-year credit agreement includes a three-year grace period with tranches released according to construction progress, supporting the trust's strategic growth and capital deployment in Bulgaria's prime metropolitan residential market.